Overview
What is School Tuition Organization Of Southeast Iowa?
School Tuition Organization of Southeast Iowa is a nonprofit establishment situated in Bettendorf, Iowa. Its primary mission revolves around offering tuition grants to students enrolled in private schools within the southeast region of the state. This organization serves as a financial aid resource, enabling students to pursue their education at private institutions that might otherwise be financially inaccessible.
Official website here: www.stoseiowa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Stars)
School Tuition Organization Of Southeast Iowa receives a Two-Star rating from Charity Navigator, indicating some concerns in areas of accountability and finance despite a relatively high program expense ratio of 97.01%. This suggests that the organization allocates a significant portion of its resources directly to its programs, which is a positive aspect of its operations.
The organization has demonstrated strong governance structures with 100% independent board members and a thorough review of financial statements. However, the absence of key policies such as a conflict of interest policy and a whistleblower policy raises concerns about transparency and ethical governance. Additionally, the liabilities to assets ratio is notably high at 92.39%, which may signal potential financial stability issues.
Overall, while the School Tuition Organization Of Southeast Iowa shows strengths in program expenditure and independent governance, the lack of important operational policies and a high liabilities ratio highlight areas that require improvement for better accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is School Tuition Organization Of Southeast Iowa legitimate?
School Tuition Organization Of Southeast Iowa is a legitimate nonprofit organization registered as a 501(c)(3) entity. School Tuition Organization Of Southeast Iowa submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.stoseiowa.org
What is the mission statement of School Tuition Organization Of Southeast Iowa?
The School Tuition Organization of Southeast Iowa, in its mission, provides tuition grants to students who attend private schools within the region. This organization aims to make private education more accessible for students, thereby broadening their educational opportunities. By offering these grants, the organization enables students to pursue their education in private schools, potentially opening up new learning experiences and resources. The organization's activities are centered around providing financial aid, thereby contributing to the educational landscape in the region.
Official website here: www.stoseiowa.org
Who is the CEO of School Tuition Organization Of Southeast Iowa?
Ann Rhodes is the Principal Officer of School Tuition Organization Of Southeast Iowa.
Official website here: www.stoseiowa.org
What is the revenue of School Tuition Organization Of Southeast Iowa?
School Tuition Organization Of Southeast Iowa's revenue in 2022 was $1,426,688.
Official website here: www.stoseiowa.org
Who are the executives of School Tuition Organization Of Southeast Iowa and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.stoseiowa.org
Where can I find the form 990 for School Tuition Organization Of Southeast Iowa?
School Tuition Organization Of Southeast Iowa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stoseiowa.org
Learn more at the official website: www.stoseiowa.org
Mission Statement of School Tuition Organization Of Southeast Iowa
School Tuition Organization of Southeast Iowa, in its mission, extends tuition grants to students who choose to attend private schools within the Southeast Iowa region. By providing these financial aids, the organization empowers these students to access quality education in private institutions, thereby broadening their educational opportunities. The organization's mission is centered around the belief that every child deserves a high-quality education, regardless of their financial circumstances. It operates with the goal of making private school education more accessible, thereby fostering a diverse and inclusive learning environment.
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Impact
October, 2024
The School Tuition Organization of Southeast Iowa significantly enhances educational opportunities for students in the region by providing critical tuition grants for those attending private schools. This support alleviates financial burdens on families, enabling them to access quality education options that might otherwise be out of reach. By allowing more students to attend private institutions, the organization fosters diversity in educational environments, encouraging a range of teaching philosophies and community engagement.
Furthermore, the grants contribute to a healthier educational ecosystem, where competition among schools can lead to improved academic standards and innovative programs. This impact extends beyond individual students, as the increase in enrollment can strengthen private school resources and expand their offerings, ultimately benefiting the entire Southeast Iowa community. Through its mission, the organization plays a crucial role in making educational choice a reality for many families, ensuring that all students have the opportunity to thrive in their learning journeys.
This information is meant to be a general summary of School Tuition Organization Of Southeast Iowa. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,315
- Gross Receipts: $1,447,345
Assets and Liabilities:
- Total Assets: $1,406,857
- Total Liabilities: $1,398,114
- Net Assets: $8,743
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Organization Details
Founding Year
2006
Phone
(563) 391-1845Principal Officer
Ann Rhodes
Main Address
5247 PINECREEK LN, BETTENDORF, IA, 52722
Website
www.stoseiowa.orgNTEE Category
Code: B82 - Education
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